Charlotte Butler’s Post

I got asked a great question by a client the other day - can I make donations to charity from my company? In short, the answer is yes. As well as monetary donations you can also donate other items, such as time or equipment. One of the key points here from a charity perspective is that it is only PERSONAL donations that have the opportunity to be gift aided - company donations do not qualify for this additional relief that registered charities can claim if they operate a gift aid scheme. Like with most things there are some exceptions to the rules so do consult with your accountant before donating to make sure that the relief is qualifying and therefore you are also getting the corporation tax relief. Happy Friday all 😎 🌞 #charity #taxrelief #giving

💡 Maximize Your Charitable Donations with Gift Aid in UK 💡 Did you know you can boost the impact of your donations to charities at no extra cost to you? 📊 When you donate £80, the charity claims back £20 from HMRC, turning your contribution into £100. That's a 25% boost for the charity without costing you more! 💡 Tax Tip: Remember to keep track of your donations for your tax return to maximize your savings! To be eligible to claim Gift Aid, a charity must be registered with HMRC as a charity or Community Amateur Sports Club (CASC). #Charity #GiftAid #TaxRelief #GivingBack #UKTax #FinancialPlanning

Have you heard of Prophet League, a new football prediction site? Not only can you be in with a chance to win (whilst gambling safely), but you can also currently support Rainbows Hospice for Children and Young People as their chosen charity. Take a look at the link below for more information, thanks to all at Prophet League for your support! 🌈 ⚽️ #footballpredictions #fundraising #Euros2024

Despite the cost of living crisis hitting many households across the United Kingdom, charitable spirit has not decreased. In 2023, 14 billion was donated to charity which was a 1.2 billion increase from 2022 with around three quarters of people doing some sort of charitable work. In a year fraught with rising costs, this is commendable. However, not everyone has the time or means to volunteer. But did you know you can use your tax to help charities? This can come in the form of gift aid. This is a tax incentive that gives a top up on donations from UK taxpayers to a UK registered charity or community amateur sports clubs. Essentially, if you donate £10, the government will top this up by 25% resulting in a donation of £12.50. You can then claim back up to 20-25% on your donations. Can awareness of tax incentives encourage more people to donate? Let us know what you think in the comments below.

Use Caution When Advising Clients About Donating Works of Art Your clients who own highly-appreciated works of art certainly can consider making gifts of this property to a charity. Use caution, though, when helping clients structure gifts of artwork. Read more: https://bit.ly/3HUb4u4

🙋🏻♂️ Charitable donations can offer significant tax relief for individuals and businesses. Understanding these benefits can encourage more people to support charitable causes while also gaining financial advantages. 🎁 How Does Gift Aid Work? 👉 Gift Aid is a scheme allowing charities to reclaim tax on a donation made by a UK taxpayer, effectively increasing the amount of the donation by 25%. 👉 To make a Gift Aid donation, you must have paid UK Income Tax and/or Capital Gains Tax at least equal to the tax that all the charities and community amateur sports clubs claim on your donations in that tax year. 🧩 For example, if you donate £100, the charity can claim an extra £25, making your donation £125. #taxrelief #charitabledonations #uktaxpayers #giftaid

🚫🔨 3 Ways to Kill Your Charity Auction! 🔨🚫 Running a successful charity auction requires careful planning and execution. Avoid these common pitfalls to ensure your event is a success: Lack of Promotion, Poor Item Selection, Ineffective Auctioneer..... Avoid these mistakes and watch your charity auction thrive! #CharityAuction #FundraisingTips #EventPlanning #AuctionSuccess #NonProfit https://lnkd.in/g3cbZAVF

Thanking donors and sponsors of your fundraiser is critical to building lasting relationships. Hail Hail Auctions can help you and your organization develop a sponsorship package for your event ensuring the majority of your overhead is covered! In past events, we've assisted in raising nearly $20,000 BEFORE AN EVENT through sponsors and donors. This money also helped pay for amazing speakers like Chris Chelios who you see here! Giving your sponsors special access to celebrities or limited edition items will ensure they come back each year helping your event grow! Have a fundraiser coming up? Take a second reach out and let's see how Hail Hail Auctions can help you! #fundraiser #auctioneer #charity #money #emcee #gala #auction #banquet

🚫🔨 3 Ways to Kill Your Charity Auction! 🔨🚫 Running a successful charity auction requires careful planning and execution. Avoid these common pitfalls to ensure your event is a success: Lack of Promotion, Poor Item Selection, Ineffective Auctioneer..... Avoid these mistakes and watch your charity auction thrive! #CharityAuction #FundraisingTips #EventPlanning #AuctionSuccess #NonProfit https://lnkd.in/g3cbZAVF

Add charitable donations for luxury purchases 🧠 Buying luxury goods produces guilt for many of us. We feel bad for spending so much. But there's a solution 👇 Automatic donations to charity mitigate this guilt. Follow my (free) newsletter for more tips like this: https://buff.ly/3sVQYLY